Mintec has launched new monthly Mintec Benchmark Prices (MBP) for Thai skipjack tuna  

All Market Notes 23 February, 2023

Mintec has launched new monthly Mintec Benchmark Price (MBP) assessments for Thai skipjack tuna, effective Thursday, 23rd February 2023.

The initial proposal to launch this assessment was announced in a market note published on 13th January 2023 and can be found here and the decision to go ahead with the launch was communicated in a market note on 31st January 2023, which can be found here.

The assessment, including its specification, is:

The new assessment will reflect the transactable value at 16:00:00 London time on the last business day of the month.

Skipjack tuna is the most consumed tuna species globally, particularly as a shelf-stable canned product. The WCPO is the world’s largest skipjack tuna fishery, comprising approximately 60% of global biomass. Thailand is responsible for processing and canning the largest share of skipjack landed in the WCPO. Thailand’s importance as a key hub for importing, processing and re-exporting skipjack supports the demand for such a benchmark. These Mintec Benchmark Prices will provide an independent reference point for the industry.

Please send any questions or comments about this market note to methodology@mintecglobal.com clearly state which market note your comments relate to, and if comments are intended for publication by Mintec.

Mintec will acknowledge receipt of all comments by email.